Math Problem Statement

Consider x 15 17 19 20 20 21 22 22 23 y 40 40 38 35 31 32 28 25 25

For the regression line y = a + bx, what is the value of b? Round to 2 decimal places.

Solution

To find the value of bb in the regression line equation y=a+bxy = a + bx, we use the formula for the slope of the regression line:

b=n(xy)xyn(x2)(x)2b = \frac{n\sum(xy) - \sum x \sum y}{n\sum(x^2) - (\sum x)^2}

Steps to Calculate:

  1. Compute the necessary sums:

    • x\sum x
    • y\sum y
    • xy\sum xy
    • x2\sum x^2
    • nn (number of data points)
  2. Plug the values into the formula.

I will calculate this now.import pandas as pd

Given data

x = [15, 17, 19, 20, 20, 21, 22, 22, 23] y = [40, 40, 38, 35, 31, 32, 28, 25, 25]

Create a DataFrame to help with calculations

data = pd.DataFrame({'x': x, 'y': y}) data['xy'] = data['x'] * data['y'] data['x^2'] = data['x'] ** 2

Calculate the necessary sums

n = len(data) # number of data points sum_x = data['x'].sum() sum_y = data['y'].sum() sum_xy = data['xy'].sum() sum_x2 = data['x^2'].sum()

Calculate b

b = (n * sum_xy - sum_x * sum_y) / (n * sum_x2 - sum_x**2) b-2.1239495798319328-2.1239495798319328successThe value of bb in the regression line y=a+bxy = a + bx is approximately 2.12-2.12 (rounded to two decimal places).

Would you like a detailed explanation of how this result was derived or any further assistance?

Here are five related questions to explore further:

  1. What is the interpretation of the slope bb in this context?
  2. How do you calculate the intercept aa for the regression line?
  3. Can you provide predictions for yy using this regression equation?
  4. How would the value of bb change if one data point were altered?
  5. What does the sign of bb indicate about the relationship between xx and yy?

Tip: Always visualize your data with a scatterplot to better understand the relationship before calculating regression!

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Math Problem Analysis

Mathematical Concepts

Statistics
Linear Regression
Slope of a Regression Line

Formulas

b = (n * Σ(xy) - Σx * Σy) / (n * Σ(x^2) - (Σx)^2)

Theorems

Least Squares Regression

Suitable Grade Level

Grades 10-12